Investing.com - Real Brokerage reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Real Brokerage announced earnings per share of $-0.030 on revenue of $111.6M. Analysts polled by Investing.com anticipated EPS of $-0.030 on revenue of $92M.
Real Brokerage shares are down 24% from the beginning of the year and are trading at $1.370 , down-from-52-week-high.
Real Brokerage shares lost 4.86% in pre-market trade after the report.
Real Brokerage follows other major Real Estate sector earnings this month
Real Brokerage's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.15B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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